FenzoFx—Bitcoin remains bearish, though the downtrend paused after tapping equal lows at $107,268.0. BTC has since flipped above the recent fair value gap near $110,200.0.
We anticipate the downtrend will resume, targeting the bullish order block at $105,119.0. BTC/USD may rise toward $112,200.0, followed by equal highs at $113,677.0.
Once these levels are swept, the bearish trend is likely to continue. Traders and investors should monitor these key zones for potential bearish setups.
We anticipate the downtrend will resume, targeting the bullish order block at $105,119.0. BTC/USD may rise toward $112,200.0, followed by equal highs at $113,677.0.
Once these levels are swept, the bearish trend is likely to continue. Traders and investors should monitor these key zones for potential bearish setups.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.